The Union Cabinet has decided to allow 100 per cent foreign direct investment in coal mining through automatic route, commerce Minister Piyush Goyal said on Wednesday.

Addressing a press conferenece soon after a Cabinet meeting, Goyal along with his colleague
Prakash Javadekar said that the cabinet had decided to relax FDI norms to give a boost to the economy.

The Centre will also establishment 75 new medical colleges in the country for which Rs 24,734 crore has been earmarked, Javadekar said, adding that these new institutions will create around 15,700 new MBBS seats.